Phoenix Composite Solutions LLC

$1,081,000 PPP Loan in Oscoda, Michigan

Loan Details

Loan Number
9978337006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,081,000
Current Approval
$1,081,000
Forgiveness Amount
$1,090,068
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phoenix Composite Solutions LLC
Address
5911 Mission Street
City
Oscoda
ZIP Code
48750-1544
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
117
Estimated Revenue
$30.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$1,001,000
Rent
$28,000
Utilities
$52,000

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

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